The complete automotive resource for buyers, sellers, and owners like you.
Car, Truck and SUV Forums at Roadfly
+ Bentley Forums
+ BMW Forums
+ Cadillac Forums
+ Chevrolet Forums
+ Ferrari Forums
+ Jaguar Forums
+ Lamborghini Forums
+ Lotus Forums
+ Mercedes-Benz Forums
+ Maserati Forums
+ MINI Forums
+ Porsche Forums
+ General Discussion
+ Marketplace Forums
Buy from dealer or private party? (archive)
[ Follow Ups ] [ E36 M3 Message Board ] [ Msg. Board FAQ ]
Posted by Brett on February 11, 2001 at 17:08:59:

So I go down to a non-full circle CPO dealer and they have a 98 silver/grey M3 with 37k miles. The sticker on the car was $39.5K. The lowest I could get them down to is ~$36K. By the time you add in the doc/smog/license/tax, it's up to $41K.

Looking around on the boards and online selling sites, $36K seems a bit high relative to buying from a 3rd party. However, the dealer says their's comes with a CPO warranty of 6yr/100k and guarantees it has never been in an accident, etc.

Some questions:

1. Is it worth paying more to get the dealership warranty?
2. When buying from a 3rd party, what additional fees are there (in California)? DMV, smog, license, sales tax? If there are no sales taxes required, that could potentially be a $3k swing in price.
3. Kelley Blue Book is the only thing dealers will use whereas Edumund's seems to be a lot lower. What's the best way to get a fair market value of a used M3?

Follow Ups:


[ Follow Ups ] [ E36 M3 Message Board ] [ Msg. Board FAQ ]
Questions, comments, or problems, please visit the Roadfly help desk.
Roadfly.com Logo © 1997 - 2009 Jump Internet Inc. All rights reserved.